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Blanche Lincoln. Bad on labor. Great on financial reform

Liberal and progressive blogs are in a tizzy today because Blanche Lincoln won her primary and will presumably remain a senator. Yup, she’s bad on labor issues. But she’s really hardball on financial reform, saying the banksters should spin their derivative businesses off into subsidiaries. And she may have the clout to make that happen.

It may have been because of the primary. But she’s still holding to it now, after the primary. She’s definitely pushing the edge on this and the banksters are screaming. The derivatives business is their cash cow.

Her stance against the banks might be why she won.

Morris Consulting

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